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See how verdicts work2-bedroom house · DN36 5XE
For saleListed 180 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned within the historic former RAF base at North Cotes, this two-bedroom former officers’ residence presents a rare and exciting opportunity for buyers seeking a project with exceptional potential.
Occupying a generous plot, the property enjoys an attractive setting with strong kerb appeal and a sense of space that is increasingly hard to find.
Requiring full refurbishment throughout, the house offers a superb canvas for modernisation and value enhancement.
The well-proportioned interior begins with a spacious entrance hall leading to a large L-shaped lounge, providing excellent natural light and flexible living space.
A separate dining room and breakfast kitchen create further scope for redesign, while a ground floor cloakroom adds convenience.
Upstairs, the property continues to impress with two double bedrooms, a family bathroom, and an additional large cloakroom and storage room, offering potential for reconfiguration to suit contemporary living requirements.
A particularly notable feature is the substantial brick and tile outbuilding, extending to over 50m2, complete with its own private gated driveway.
This highly unusual addition provides outstanding versatility, whether for workshop use, storage, home business purposes, or potential conversion (subject to necessary consents).
Externally, the rear garden is mainly laid to lawn with a splayed design, enclosed by fencing and complemented by mature trees.
To the front, a long tarmac driveway leads to a detached brick garage, providing ample off-road parking.
Combining character, space, and unique development potential, this is a compelling investment opportunity in a distinctive setting.
Entrance Hall (9' 2'' x 12' 0'' (2.80m x 3.66m)) The entrance hall has wood glazed front door, wood dg window to the rear, cream decor, brown carpet, radiator, ceiling light and under stairs storage cupboard.
Lounge (18' 1'' x 14' 7'' (5.50m x 4.44m)) A spacious L shaped lounge has two wood dg windows to the front, wood glazed French doors to the lounge, cream decor to coving, cream carpet, wood surround, cast iron and tiled inset and open fire with tiled hearth, two radiators and four wall lights.
Dining Room (10' 11'' x 10' 11'' (3.33m x 3.33m)) With wood glazed French doors from the lounge the dining room has wood dg window to the front, cream decor to coving, cream carpet, ceiling light, radiator, and electric wall heater.
Kitchen Breakfast Room (9' 2'' x 13' 6'' (2.80m x 4.11m)) The room has wood wall and base units with small area for breakfast table, light brown tiled floor, brown 1.5 sink drainer, integral electric oven grill, electric hob with extractor and fridge freezer with space for dish washer and washing machine.
There is also a built in storage cupboard.
The room has wood dg window and door to the rear, radiator and ceiling light Cloakroom (6' 0'' x 4' 1'' (1.82m x 1.25m)) A useful cloakroom off the entrance hall has cream WC and corner sink, splash back tiling, tiled floor, cream decor, frosted wood dg window and ceiling light.
Stairs And Landing The stairs turn 180 degrees past a gallery view to the ground floor as they rise to the first floor, the area has cream decor, wood dg to the side and rear, two ceiling lights to the landing, loft access, large storage cupboard and airing cupboard.
Bedroom One (17' 11'' x 10' 0'' (5.45m x 3.06m)) A large double room has built in wardrobe, two wood dg windows, light pattern decor, brown carpet, four wall lights and radiator.
Bedroom Two (10' 11'' x 15' 5'' (3.33m x 4.69m)) A good sized double room with built in storage, wood window to the front, light pattern decor, brown carpet, pendant light and radiator.
Family Bathroom (9' 1'' x 9' 11'' (2.78m x 3.01m)) The family bathroom we believe was the former third bedroom and now has wood frosted window to the rear, corner bath, enclosed corner shower, vanity sink and no toilet.
The room has tiled walls, pink carpet, two ceiling lights and radiator.
Cloakroom (6' 1'' x 6' 11'' (1.85m x 2.11m)) With WC, Bidet and sink the original bathroom now doesnt have a bath but would probably be part of a first floor reconfiguration.
The room has wood frosted window to the side, half tiled walls with dado rail and peach decor over. The room has radiator, ceiling light and radiator.
Garage And Driveway (15' 9'' x 9' 1'' (4.81m x 2.76m)) A brick and corrugated roof garage has up and over metal door with timber door out to the side.
The garage has power and light and in front of it has tarmac driveway for parking.
Work Shop Room 1 (18' 4'' x 10' 1'' (5.58m x 3.08m)) Work Shop Room 2 (18' 4'' x 20' 3'' (5.58m x 6.17m)) Work Shop Room 3 (18' 4'' x 18' 0'' (5.58m x 5.49m)) Rear Garden A splayed rear garden offers southerly aspect and is primarily laid to lawn with concrete paths and concrete and slab patio area.
There is a green house with solid base, garden to the side and an array of mature and fledgling trees. A timber gate leads to the front and the whole garden is enclosed with timber fencing.
Front Garden A neat lawn frontage with tall conifers makes for good curb appeal with tarmac driveway to the detached garage.
There is a separate driveway access to locked iron gates to the rear work shop.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 392, Seawall Lane, North Cotes
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